“How Do I Fill Out the California Residential Purchase Agreement (RPA-CA)?”
Expert Advice, Tips, and Insight on the California Residential Real Estate Purchase Agreement and Joint Escrow Instructions (RPA-CA). This form is included with Zipforms and every Realtor in California who pays dues to a Board of Realtors has access to these online forms. This tutorial covers page one of the purchase agreement and includes tips on how to complete the forms and what fields to fill out. The video is ideal for real estate agents, Realtors, buyers, sellers, and anyone who wants to become more familiar with efficiently completing this contract. If you are purchasing a home in California, then you should definitely become familiar with everything on this form. A California residential purchase and sale agreement is a contract between an individual/entity selling a property and the individual/entity intent on purchasing said property. The parties, buyer and seller, will settle the terms of this agreement to arrive at a mutually beneficial arrangement. A price will be set by the seller (and perhaps negotiated by the buyer) and a closing date for the sale will be implemented. A purchase and sale agreement will also contain covenants and provisions covering everything from financing options and earnest money to property condition and inspections. It is the seller’s duty, by law, to include a disclosure notifying the buyer of any issues concerning the state of the property. Required Disclosures: Transfer Disclosure Statement (TDS) (CC § 1102) – Specific form required by law to be completed by the seller of a residential property. Natural Hazard Disclosure Statement – Prior to any residential property sale, the seller must complete this form in accordance with the Natural Hazards Disclosure Act. Lead-Based Paint Disclosure – Must accompany any purchase agreement pertaining to the sale of a property built prior to 1978. Megan’s Law – Buyer must be provided with the necessary information to search the surrounding area for sex offenders. This video is for information purposes only, and if you require legal advice, please consult with a licensed attorney.
RPA Part 1 - [ Ссылка ]
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